Micro Mobility Market - Forecast(2021 - 2026)
Micro-mobility Market Overview Micro-mobility Market size was valued at $78.1 billion in 2020, and it is estimated to grow at a CAGR of 18.5% during 2021-2026. Increasing demand in various countries to travel seamlessly a shorter distance mitigating traffic congestion and urban transportation crisis is set to drive the market. The rapid adoption of bicycle sharing system to control the high pollution level in cities have contributed to the growth of Micro Mobility Market. Increasing environmental concerns and limited availability of natural resources are motivating automotive companies to develop battery electric vehicles using several types of rechargeable batteries such as nickel metal hydride battery or lithium ion battery offering zero emission. Integration of artificial intelligence, Iots with emission-less E-scooters or E-bikes have significantly triggered the growth of the Micro Mobility Market. Report Coverage The report: “Micro-mobility Market Forecast (2021-2026)”, by Industr...